Billions of dollars in Emirati cash could soon flow into the critical mineral sector but concerns persist over whether Australia is too far behind China in the battery race.
Australia and the United Arab Emirates have agreed to a trade pact that will be officially inked at the start of November and while it cuts trade tariffs, the centrepiece revolves around access to a multitrillion-dollar investment fund.
Trade Minister Don Farrell expects investment to flow before the end of 2024 after he handed over a list of 55 "shovel-ready" projects in Australia.
